EDGX vs. QRMI

Last updated Jun 4, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and QRMI (Global X NASDAQ 100 Risk Managed Income ETF) are both exchange-traded funds - EDGX is a Derivative Income fund tracking the Solactive GBS United States 500 Index, while QRMI is a Nasdaq-100 fund actively managed by Global X. EDGX is passively managed, while QRMI is actively managed. Their correlation of 0.84 suggests significant overlap in exposure.

Performance

EDGX vs. QRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) and Global X NASDAQ 100 Risk Managed Income ETF (QRMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGX

• 1D: -0.49%
• 1M: 4.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QRMI

• 1D: -0.10%
• 1M: 1.55%
• YTD: 2.50%
• 6M: 3.76%
• 1Y: 9.82%
• 3Y*: 7.03%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EDGX vs. QRMI - Yearly Performance Comparison

	2026 (YTD)
EDGX Global X U.S. 500 Income Edge ETF	10.16%
QRMI Global X NASDAQ 100 Risk Managed Income ETF	2.92%

Correlation

The correlation between EDGX and QRMI is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.84

Return for Risk

EDGX vs. QRMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QRMI

QRMI Risk / Return Rank: 50
QRMI Sharpe Ratio Rank: 51
QRMI Sortino Ratio Rank: 48
QRMI Omega Ratio Rank: 58
QRMI Calmar Ratio Rank: 40
QRMI Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDGX vs. QRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) and Global X NASDAQ 100 Risk Managed Income ETF (QRMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EDGX	QRMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.05	0.22	+2.83

Drawdowns

EDGX vs. QRMI - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum QRMI drawdown of -20.95%. Use the drawdown chart below to compare losses from any high point for EDGX and QRMI.

Drawdown Indicators

	EDGX	QRMI	Difference
Max Drawdown Largest peak-to-trough decline	-7.56%	-20.95%	+13.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-8.43%	—
Current Drawdown Current decline from peak	-0.49%	-0.10%	-0.39%
Average Drawdown Average peak-to-trough decline	-1.50%	-7.98%	+6.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.14%	—

Volatility

Volatility by Period

	EDGX	QRMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	5.72%	+7.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.10%	8.33%	+4.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.10%	8.33%	+4.77%

Dividends

EDGX vs. QRMI - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 2.43%, less than QRMI's 12.20% yield.

Position	TTM	2025	2024	2023	2022	2021
EDGX Global X U.S. 500 Income Edge ETF	2.43%	0.00%	0.00%	0.00%	0.00%	0.00%
QRMI Global X NASDAQ 100 Risk Managed Income ETF	12.20%	12.28%	11.80%	12.44%	10.65%	3.36%

Frequently Asked Questions

Can I hold both EDGX and QRMI in my portfolio?

EDGX and QRMI have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, EDGX or QRMI?

QRMI has the higher dividend yield at 12.20%, compared with 2.43% for EDGX.

What is the main difference between EDGX and QRMI?

EDGX is categorized as Derivative Income, while QRMI is Nasdaq-100.